Future value (FV) refers to the estimated worth of an investment at a future date, based on a certain growth rate. You use it to determine how much the present value (PV) of your investment will be worth at a specific time in the future.
Some other related topics you might be interested to explore are Present Value, Interest Rates, and Time Value of Money.
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Future value is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum.
